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Group Assignment

STEEPL
GROUP MEMBERS
AISHA KHAN
ASADULLAH JABIR
MUHAMMAD UAID AKRAM
HARIS GHORI
SAQIB
MUSTAFA ALI
JASIR AHMED
 DISTRUPTIONS:
- Social Trend:
The rise of remote work:
Rise of remote work accelerated due to technological advancements and shifting
workplace norms, allowing professionals to work from anywhere, fostering
flexibility, and reshaping traditional office dynamics , this trend expanded
globally.
Social Media Trends:
Social media in 2023 remained a powerful force, impacting global conversations,
consumer choices, and digital marketing strategies, evolving amidst concerns over
privacy and misinformation, It’s uses as a
engagement tool.
 - Technological Trend:
Artificial Intelligence (AI): AI in 2023 advanced in diverse sectors, from
healthcare to finance, driving innovation with explainable AI and heightened
emphasis on ethical development. Its integration expanded, optimizing operations,
transforming customer experiences, while ongoing discussions centered on
responsible AI governance
Internet of Things (IoT): The Internet of Things (IoT) in 2023 continued its rapid
expansion, connecting an increasing array of devices and systems, revolutionizing
daily life and industries. Security concerns persisted alongside innovation
 - Environmental Trend:
Renewable energy revolution: The renewable energy revolution surged in 2023,
witnessing increased adoption of solar, wind, and other sustainable energy sources
globally. Technological advancements and governmental commitments, driving
down costs and propelling the transition toward a greener, more sustainable
energy.
Sustainable Energy: Sustainable practices in 2023 expanded across industries,
emphasizing eco-friendly processes, reduced waste, and responsible resource
management. Companies prioritized sustainability, adopting circular economy
models and green initiatives to mitigate environmental impact while meeting
consumer demands for ethically driven products and services.
 Economic Trend:
Sharing economy: The sharing economy continued to flourish in 2023, fostering
collaborative consumption models where individuals share resources, services,
and assets. It promoted access over ownership, leveraging technology to facilitate
peer-to-peer transactions, reshaping industries like transportation,
accommodation, and more toward a more resource-efficient and flexible
paradigm.
 E-commerce: In 2023, e-commerce surged further, driven by personalized
shopping experiences, AI-driven recommendations, and enhanced omnichannel
strategies. Sustainability became a focal point, influencing consumer choices and
prompting brands to prioritize eco-friendly
 - Political Trend:
1. Populism: Populism persisted in 2023, marked by political movements
emphasizing the interests of the general population against established elites or
institutions. Ongoing socio-economic disparities and discontent fueled populist
rhetoric, shaping policy debates and challenging traditional political dynamics
globally.~

 Activism and social movements: In 2023, activism and social movements gained
momentum, leveraging digital platforms for global awareness and mobilization on
diverse issues like climate change, racial justice, and equality. Grassroots
movements drove impactful change, pressuring institutions and governments to
address societal concerns and advocate for systemic reforms worldwide.
 Legal Trend:

 Data privacy regulations: In 2023, data privacy regulations continued to evolve,


with stricter measures globally, emphasizing user control and transparency in data
handling by companies. Legislations such as GDPR and emerging regional laws
aimed to safeguard individuals' privacy rights, pushing for heightened
accountability and stringent data protection practices across industries.
 Cannabis legalization: cannabis legalization expanded further, with more regions
and countries moving toward legalizing cannabis for medicinal and recreational
use. This trend continued to reshape markets, sparking discussions on regulation,
taxation, and the evolving societal perceptions surrounding cannabis and its
industry.

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